MLB proposes salary cap plan starting in 2028 during free agency

Major League Baseball introduced a revised salary cap proposal as free agency began on November 2. The new plan postpones the salary cap's implementation until the 2028 season, allowing teams to navigate the current offseason without immediate cap constraints. The proposed ceiling is $258.2 million and the floor $180.2 million, representing significant adjustments from the initial figures of $245.3 million and $171.2 million. The MLB Players Union is expected to reject any salary cap proposals. As discussions continue, further negotiations are anticipated amid looming concerns of a potential lockout in December.

• 7:25 PMYahoo Sports — MLB proposes new salary cap plan after free agency started on Monday night